Ex-Reddit boss’ $30 mln restoration deal may say more about investor appetite than new technology

Published 15:11 on June 22, 2021  /  Last updated at 08:36 on June 30, 2021  /  Americas, Asia Pacific, EMEA, International, Nature-based, Paris Article 6, US, Voluntary Market  /  No Comments

Terraformation, the restoration company co-founded last year by former Reddit CEO Yishan Wong, made headlines this month for offering ‘reforestation in a box’, but the real news may be that more investors are willing to put money into sustainable land practices.

(Corrects Yee Lee’s job title, clarifies that Terraformation is in talks with local groups seeking partnerships)

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